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BBB Ep 21 - Nervy markets as Walmart disappoints, down 10%, knocks Amazon; Gold majors fall on JSE; Wall Street waits for Big Tech quarterlies; Leon L..

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Share prices are reflecting investor nervousness ahead of the US Fed's big interest rate decision tomorrow - and Wall Street is also pre-occupied by the Big Tech quarterlies later this week when Amazon, Apple, Alphabet and Meta report. Numbers from Walmart delivered a shock with that stock dropping 10% in after-market trade, dragging Amazon 4% lower. To help the BizNews Breakfast Briefing more digestible, we've cut back to a single interview's highlights and today feature Leon Louw, president of the Free Market Foundation, who is in attack mode against the organisation he co-founded in 1975. Apart from previewing Big Tech quarterlies, our partners at the FT also disclose which cities are especially vulnerable to record high temperatures that have hit during the Northern Hemisphere summer. Learn more about your ad choices. Visit megaphone.fm/adchoices
26 Jul 2022 12AM English South Africa Investing · Business News

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